Financial Institutions Answer Book Law, Governance, Compliance

by Stein, Stuart G.; Schaberg, Richard A.; Biddle, Laura R.

• ISBN13: 9781402428555
• ISBN10: 1402428553
• Format: Paperback
• Copyright: 2017-08-01
• Publisher: Practising Law Institute

Summary

Financial Institutions Answer Book provides, in a handy Q&A format, a comprehensive overview of the complex federal requirements regulating financial institutions in the United States.

Every aspect of a financial institution life cycle is covered, from understanding the differences in regulation based on what type of charter is chosen, through ongoing capital and deposit activities requirements and major changes in corporate control, to the cessation of entity activity through merger, acquisition or entity failure.

Financial Institutions Answer Book describes the requirements under each type of charter for the major areas of financial institution activity, such as:

• The creation of branch offices and deposit activity
• Corporate governance
• Executive compensation
• Deposit insurance requirements
• Insider and affiliate transactions
• Anti-money laundering and U.S. trade sanctions
• Examination and audit
• Privacy and data security

Reflecting the increased federal concern with fraud, money laundering and protecting the federal taxpayer from bank defaults, individual chapters are devoted to describing in detail the federal enforcement agencies and their powers, anti-money laundering and other fraud issues, the required examinations and audit process, and recent regulatory approaches to problem banks and failure.

Published in a handy softcover volume, Financial Institutions Answer Book is a source for quick, concise answers and will be of interest to lawyers and other legal professionals, as well as financial institution managers, officers, directors and other employees who would like a comprehensive understanding of the legal framework regulating banks and other financial institutions.

Table of Contents

Chapter 1: Regulatory Structure and Charter Choice
Chapter 2: Branching
Chapter 3: Corporate Governance
Chapter 4: Executive Compensation
Chapter 5: Change in Bank Control
Chapter 6: Mergers and Acquisitions
Chapter 7: Deposit Activities
Chapter 8: Deposit Insurance
Chapter 9: Insider and Affiliate Transactions
Chapter 10: Anti-Money Laundering and U.S. Trade Sanctions
Chapter 11: Privacy and Data Security
Chapter 12: Examination and Audit
Chapter 13: Capital
Chapter 14: Prudential Regulator Enforcement
Chapter 15: Problem Banks and Failures